Asian universities and secondary schools must better align themselves with labour market so they can ensure graduates have the skills and knowledge, says the ADB's report.
Not only the students studying at domestic universities, but the ones graduating from foreign schools also find it difficult to get the jobs in the banking and finance sector nowadays.
Vietnam's complex higher education system needs to be better integrated in order to improve training quality, a foreign education expert has suggested.
Experts have urged the Government to raise salaries for teachers, as half of 500 teachers recently surveyed do not want to continue their career because of low pay.
Under national program on teaching foreign languages, students would be encouraged to begin learning foreign languages soon, while under-standard teachers would be dismissed.
The Asian Development Bank will provide USD90 million to help Vietnam strengthen teaching quality and courses in biology, chemistrys and social sciences.
Primary and secondary schools in HCM City have asked parents of students to pay 100% of the fee for hiring foreign English teachers as well as equipment for the classes.
The seventh Roundtable Meeting of ASEAN Educational Leaders and the fifth Southeast Asia School Principals Forum opened in the central coastal city of Nha Trang.